How big is the Indonesia Lubricants Market?

The Indonesia Lubricants Market size is expected to reach 1.02 billion Liters in 2024 and grow at a CAGR of 3.85% to reach 1.10 billion Liters by 2026. Read More

What is the current Indonesia Lubricants Market size?

In 2024, the Indonesia Lubricants Market size is expected to reach 1.02 billion Liters. Read More

Who are the key players in Indonesia Lubricants Market?

BP PLC (Castrol), ExxonMobil Corporation, PT Pertamina, PT Wiraswasta Gemilang Indonesia (Evalube) and Royal Dutch Shell PLC are the major companies operating in the Indonesia Lubricants Market. Read More

Which segment has the biggest share in the Indonesia Lubricants Market?

In the Indonesia Lubricants Market, the Automotive segment accounts for the largest share by end user. Read More

Which is the fastest growing segment in the Indonesia Lubricants Market?

In 2024, the Automotive segment accounts for the fastest growing by end user in the Indonesia Lubricants Market. Read More

What years does this Indonesia Lubricants Market cover, and what was the market size in 2023?

In 2023, the Indonesia Lubricants Market size was estimated at 981.68 million Liters. The report covers the Indonesia Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Lubricants Market size for years: 2024, 2025 and 2026. Read More

Indonesia Lubricants Market Size

Statistics for the 2023 & 2024 Indonesia Lubricants market size, created by Mordor Intelligence™ Industry Reports. Indonesia Lubricants size report includes a market forecast to 2026 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of indonesia lubricants Industry

	Study Period	2015 - 2026
	Market Volume (2024)	1.02 Billion Liters
	Market Volume (2026)	1.10 Billion Liters
	Largest Share by End User	Automotive
	CAGR (2024 - 2026)	3.85 %
	Fastest Growing by End User	Automotive
Major Players

*Disclaimer: Major Players sorted in no particular order

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Indonesia Lubricant Market Analysis

The Indonesia Lubricants Market size is estimated at 1.02 Billion Liters in 2024, and is expected to reach 1.10 Billion Liters by 2026, growing at a CAGR of 3.85% during the forecast period (2024-2026).

Largest Segment by End-user Industry - Automotive : Automotive was the largest end user among all end-user segments due to the high proportion of active vehicle fleet and consumer activity than any industrial application.
Fastest Segment by End-user Industry - Automotive : Due to the accessibility of low-cost used cars and the low-interest credit financing, automotive is likely to be the fastest-growing end user of lubricants in Indonesia.
Largest Segment by Product Type - Engine Oils : Engine oil is the largest consumed product category in Indonesia due to the varying engine sizes of cars, motorcycles, trucks, and buses and high oil changing frequencies.
Fastest Segment by Product Type - Transmission & Gear Oils : As Indonesia expects an increase in the usage of industrial machinery and electric cars, transmission and gear oils are predicted to rise faster than other product types.